construction of the two zones in Beijing and national finance management center development as well. During this year’s event, establishment of the financial street think tank will be initiated by …
Tagged By finance
China’s central bank publishes rules for managing commercial bills
BEIJING :China’s central bank published rules on Friday to strengthen risk management over the use of commercial bills, according to a statement released on the People’s Bank of China’s website. The …
UPDATE 1-China needs to improve macro-financial management to guard against risks
BEIJING, Nov 18 (Reuters) – China still needs to improve its capability in macro-financial management to guard against systemic risks as the financial industry continues to open up to the world, an …
China is rapidly rolling out its new digital currency
In fact PBoC officials have emphasised that the current focus of e-CNY use is within China. This has not stopped the speculation about it spreading abroad. Cryptocurrency and decentralised-finance …
China seen leaving lending benchmarks unchanged, wary of yuan weakness
Authorities are seeking to support economic growth without triggering financial instability. Lowering interest rates to prop up the slowing economy could further widen China’s monetary policy against …
The week in review: China data disappoints
China’s National Bureau of Statistics revealed October’s economic activity data this week, with key indicators below market expectations. Retail sales were worth Rmb4.03tr ($564.6bn) in October, down …
China should set 2023 economic growth target no lower than 5% – central bank adviser
BEIJING (Reuters) – China should set its economic growth target no lower than 5% for 2023, Liu Shijin, a policy adviser to its central bank, said on Friday. The world’s second largest economy grew …
China Eases Cash Injections as Government Bonds Steady
China dialed down its short-term cash injections to the banking system, as the government bond market steadied following this week’s steep losses. The People’s Bank of China added a net 9 billion yuan …
China debt: local government ‘land grabs’ raise concerns amid tumbling fiscal revenues
according to two reports this month by the National Institution for Finance and Development (NFID), a Beijing-based think tank. Revenues from land sales took a steep plunge in the third quarter of …
China’s ODI sees growth in first 10 months of the year
China’s non-financial outbound direct investment, or ODI, rose 10.3 percent year-on-year to 627.4 billion yuan during the first ten months of the year, the Ministry of Commerce said on Thursday. In US …
What it’s like returning to China’s zero-COVID bubble
China makes this trip hard because its borders are officially … approachable way. We rely on your financial support to keep making that possible. Your donation today powers the independent …
America should rethink its economic war on China
Just days before the White House released the U.S.’ new National Security Strategy in October, President Joe Biden’s administration announced sweeping export restrictions aimed at stopping China from …
Financial firms’ exposure to China dips to record low
Taiwanese banks and life insurers have reduced their exposure to China to a record low due to the COVID-19 pandemic, economic uncertainty and a declining property market, data released by the …
